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SSTI's most recent publication, A Resource Guide for Technology-based Economic Development, provides valuable insights into three of the most important elements of transforming regional economies:

The Kansas City region is obtaining funding for high-tech research in the life sciences, but entrepreneurship is stifled because of fragmented efforts to improve the innovation environment and the region’s lack of an overall strategy for its various stakeholders. This finding and others were identified in Completing the Puzzle: Creating a High-Tech and Life Sciences Economy in Kansas City, a recent report prepared for the Brookings Institution Metropolitan Policy Program.

In what is often seen as a leading indicator of future total international student enrollment numbers, the percentage of newly enrolled foreign students has increased 8.3 percent between the 2004-05 and 2005-06 school years. This trend and others were highlighted in the annual Open Doors Report published by the Institute of International Education. The attractiveness of the U.S.

Due to the Christmas and New Year's Day holidays, the next issue of the SSTI Weekly Digest will be published during the week of Jan. 8, 2007. Publication of the Funding Supplement also will resume in January, following this week's issue (Dec. 18, due out by Thursday).

Utah State University named J. Michael Brooks as director of its Innovation Campus. He will also serve as associate vice president for research and economic development, beginning Sept. 20.

Utah State University named J. Michael Brooks as director of its Innovation Campus. He will also serve as associate vice president for research and economic development, beginning Sept. 20.

A two-year grant from the Pennsylvania Dept. of Community and Economic Development enabled Lehigh University to announce last week the appointments of Glenn Doell and Graham Mitchell to serve respectively as director of the office of technology transfer and director of the entrepreneurship program.

Effective Jan. 1, Donald Kuratko will be executive director for Indiana University's Johnson Center for Entrepreneurship and Innovation. Kuratko is currently runs Ball State University's entrepreneurship program.

Reports suggest New Jersey Gov. James McGreevey, resigning his office in mid-November, will be named the first director of the Stem Cell Institute of New Jersey. Securing funding for the center has been a legislative priority for the Governor this year.

David Winwood is the new director of North Carolina State University's Centennial Campus.

Congress isn't the only place looking at dramatic changes in January. With 11 governors and hundreds of state legislators taking office for the first time, tech-based economic developers across the country are presented with both opportunity and challenge. A change in state leadership often presents the opportunity for positive changes in direction of outdated economic development policies and programs.

A handy resource for bringing new staff, board members and legislators quickly up to speed on TBED, A Resource Guide for Technology-based Economic Development targets a primary audience of existing practitioners looking to implement new or update older programs. SSTI compiled the book's recommendations after conducting extensive interviews with dozens of the countries leading TBED experts.

Both the Bush Administration and incoming Congressional Democrat leadership plan to put higher education under the spotlight in 2007, stressing issues of accessibility and cost containment. While their approaches to the problems will be different, both sides agree universities will play even greater roles in maintaining U.S. economic leadership in the 21st century than they have in the past.

It is unfortunate the word entrepreneurship has become as overused a buzzword as innovation because developing vibrant climates to support tech entrepreneurs remains one of the most important elements of successful state and local TBED.



Not all entrepreneurship is created equal, however. The country's standard of living will decline if it were based entirely on low-wage retail and service businesses – even if every single one of them was created by budding entrepreneurs.

The public role in increasing access to capital is, perhaps, the most controversial element of TBED – if any of the public's role in the 21st century to strengthen competitiveness in a global knowledge economy is controversial.

A Resource Guide for Technology-based Economic Development is available from SSTI as a free, downloadable PDF at http://www.ssti.org/Publications/Onlinepubs/resource_guide.pdf or as an inexpensive 90-page bound book (a format still more likely to be perused by most legislators or gubernatorial staff than a pile of printouts). Single print copies are $15 plus shipping and handling.

So far this year, SSTI's Funding Supplement has made its subscribers aware of more than 1,450 different opportunities to secure funding. Another 40-50 new opportunities will be included in this week's issue. If you aren't a subscriber, your client companies, academic researchers, and state and local TBED efforts are at a significant disadvantage.

Momentum Mississippi, the state’s public-private economic development strategy first funded with $28 million last summer, could see an additional $4 million for new TBED initiatives if the state legislature passes Gov. Haley Barbour’s recommendation during its next session. Gov. Barbour announced his plans during the annual board meeting of Momentum Mississippi, which was attended by more than 75 industrial, academic and civic leaders.

 

In late October, Gov. Arnold Schwarzenegger signed an executive order designed to stimulate the growth and utilization of broadband networks throughout the state of California. Some the major components of this initiative include:

$190 million? $200 million? $250 million? Each of these figures has been advanced in Maine to support three different approaches toward tech-based economic development. The bottom line for the 2007 legislative session is Maine’s elected leaders - from the governor and the state assembly - believe a sizable injection of public funding is required to accelerate research and technology commercialization in the Pine Tree State.

 

As Ohio's General Assembly is poised to vote this week on whether or not to join a multi-state/province compact to govern use of Great Lake waters, the Brookings Institution is recommending a similar regional approach for coping with the area's economic future.

The U.S. may lose its edge in advanced military technology if it does not increase national investment in basic defense research, according to a new report issue by the Task Force on the Future of American Innovation.

New York City Launches Second Biotech Incubator Companies wanting to commercialize new technologies can now bring their companies to Brooklyn, with the June opening of a new technology incubator located near Downstate University's biochemistry department.

Travel and training dollars are limited for most tech-based economic development programs. For many states, these are the first budget items frozen in a cutback. As a result, you need to get the most bang for each dollar spent on professional development for each staff member.

Former New Mexico Gov. Garrey Carruthers (1987-1990) has been named vice provost for economic development at New Mexico State University.

The Louisiana Emerging Technologies Center announced Arthur Cooper will serve as its first executive director.

South Carolina Research Authority president Larry Druffel has announced he will retire next year.